May 2, 2014 9:00am EDT
action if she is cooking post 9. the catalyst, the increasing tensions of ukraine, russia calling for emergency u.n. security council meeting after pro-russian forces shot down two cr ukrainian helicopters. the gdl up about 1%, as well, carl. back over to you guys. >> thanks so much. >>> when we come back, if steve jobs were alive today, should he be in jail? that's the headline of the jim stewart column this weekend in "the new york times." stewart's here to talk about what he's written in a moment. but first, rick santelli watching the jobs number and other things today, rick. >> yeah. i'll tell you what. just getting arms around the jobs number and objective way to try to get on the same page as the market is a real job. but i will leave you with this. geopolitics is the new weather. what do i mean by that? you have to join me at the bottom of the hour. >>> european markets closing a moment ago. let's bring in simon hobbs. >> if you took a weighted average of europe down half of 1%. manufacturing data good today. the eurozone growing at the fastest pace in manufacturing for thr
May 1, 2014 9:00am EDT
know you advise the president on foreign policy. the new sanctions on russia, do you have any indication that they are having an effect. >> it's too soon to tell, but the president has been very deliberate, very measured. we've had a lot of engagement with our business community here, engaging their reaction to our sanctions and so far we have had their full support as well as, of course, importantly the support of our allies in the g- 7. >> want to ask you about an issue that has gripped america this week the nba scandal. do you think a $2.5 million fine and bap for life for donald sterling is punishment enough for what he said? >> well look, we support his decision. it's up to the nba and adam silver did a swift and thorough investigation and he reached a conclusion and we support his conclusion. >> do you think your fellow chicagoan oprah winfrey should bid for the clippers? >> i heard about that. i was excited to hear she was interested. seems to be a lot of buzz going on about that. >> sounds like you support the idea of him no longer owning the team though. >> i support
Apr 29, 2014 9:00am EDT
something as simple as russia ukraine becoming more difficult. >> okay. >> don't know. something out of the ordinary. >> i wondered if you were going to say growth is disappointing and perhaps won't get the growth the market assumed. if you look at what's happening in the market you have strong rotation. we've spoken many times about the high flying tech stocks, biotech, social media, that have lost a huge amount of value but you see weakness in housing. in financials. economically sensitive areas, the utility index is pushing up towards an all-time high. what do you do with that rotation? do you follow through? >> well, we look at the individual companies and their own valuations. so we think that some of the high flyers, which have come down, are still at fairly lofty valuations and hard to justify. we contrast that with other old technology dinosaurs like microsoft, cisco, hewlett-packard, where their actual results have been quite good and their valuations are very attractive. so we wouldn't necessarily look at the rotation in a kind of a sector base. we would look at individual sto
Apr 28, 2014 9:00am EDT
up? >> i don't know. pfizer is going to invert? exxon ought to if they get involved with russia. >> you mentioned they are not a creditable company. i was worried about the dividend. >> i'm worried about that dividend. >> well pfizer doesn't have to worry about things like that. i think they said not to worry. right. nothing says it will be. we'll see what happens here. we have a month to go it is incredible isn't it? >> we haven't seen this activity since the 80s. these are bigger. they are. now they will say and they did on the call that lizen, we are strengthening the inner core and it is the attractive news of the business but to your point whether it is steel, my len's failed attempt for meta. getting out of the u.s. tax jurisdiction to enable and free up your ability to move it. when they ask senators when they come on air do they know? why are we taxing stuff? >> clearly like water companies will find their way around it. you have to do credit on the tax. >> every american should be trying to figure out how to solve it. they have an advantage over the industry or another.